Citigroup to buy ABN mortgage unit
Citigroup said Monday it will buy ABN AMRO Mortgage Group, an originator and servicer of U.S. prime residential mortgage loans that is a unit of LaSalle Bank Corp and ABN AMRO Bank NV.
Comment
read more…
Lockheed's Finance Hub in Lakeland for Sale LOS ANGELES - The credit mess forced Countrywide Financial Corp., the nation's largest mortgage lender, to borrow $11.5 billion Thursday, shocking financial markets already reeling from the growing credit crunch
Plan hurts homeowners What were they thinking? That is the first question that comes to mind when reviewing the proposal by the President's Advisory Panel on Federal Tax Reform to reduce the size
Mortgage applications rise as more seek to refinance (USA Today) U.S. mortgage applications rose slightly last week as a jump in refinancing demand overshadowed a drop in demand for loans to buy houses, an industry group said Wednesday.read more...
Existing-Home Sales Rose By 5.2% in Latest Month The mild weather drew buyers, and the median home price rose 10.6% from a year ago. The market appears to be stabilizing, the National Association of Realtors' chief economist says.read
Philly families who lost homes get aid Eighteen Philadelphia families forced out of their sinking homes five years ago are finally getting financial compensation.Commentread more...
Barclays sees mortgage opportunity amid crunch (Reuters via Yahoo! UK & Ireland News) Barclays sees tougher market conditions as a growth opportunity for its UK mortgage business and retail arm, thanks to growing deposits and lower costs, senior executives told analysts on Tuesday.read